Hinkley Point C Power Station
(asked on 21st October 2014) - View Source
Question
To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the strike price for Hinkley Point C in October 2014 prices.
This question was answered on 24th October 2014
The Hinkley Point C strike price in 2012 prices is £89.50/MWh indexed to the Consumer Price Index. This price benefits from upfront reduction of £3/MWh built in on assumption that EdF will be able to share first of a kind costs of EPR reactors across Hinkley Point C and Sizewell C sites. If the final investment decision is not taken on Sizewell C, the Strike Price for Hinkley Point C will be £92.50/MWh in 2012 prices. The Department has not restated the strike price in October 2014 prices.